Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026)

Lincoln Electric Holdings (LECO) reported Asset Utilization Ratio of 1.13 for Q1 2026, little changed on a YoY basis from 1.13 in Q1 2025, and up 1.62% quarter-over-quarter from 1.12 in Q4 2025.

Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

Lincoln Electric Holdings has reported Asset Utilization Ratio for 17 years, with the latest figure at 1.13 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio changed 0.41% year-over-year to 1.13; the trailing twelve-month figure through Mar 2026 stood at 1.13 (changed 0.41% YoY), and the FY2025 full-year result was 1.16, up 5.23% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.13, up from 1.12 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.36 in Q3 2022, with the low at 1.07 in Q4 2024.
  • Historically, Asset Utilization Ratio has averaged 1.19 across 5 years, with a median of 1.18 in 2023.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 12.26% — and 2024, when it declined 10.54%.
  • Lincoln Electric Holdings' Asset Utilization Ratio stood at 1.29 in 2022, then dropped by 8.17% to 1.18 in 2023, then decreased by 9.62% to 1.07 in 2024, then rose by 4.16% to 1.12 in 2025, then grew by 1.62% to 1.13 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.13 (Q1 2026), 1.12 (Q4 2025), and 1.11 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 0.62
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 0.36
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 1.13
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn 0.71
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 0.69
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 1.27
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 0.80
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 0.66
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 1.12
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 1.17

Historic Data

Download Data
DateValue
Mar 31, 2026 1.13
Dec 31, 2025 1.12
Sep 30, 2025 1.11
Jun 30, 2025 1.11
Mar 31, 2025 1.13
Dec 31, 2024 1.07
Sep 30, 2024 1.10
Jun 30, 2024 1.21
Mar 31, 2024 1.16
Dec 31, 2023 1.18
Sep 30, 2023 1.22
Jun 30, 2023 1.21
Mar 31, 2023 1.20
Dec 31, 2022 1.29
Sep 30, 2022 1.36
Jun 30, 2022 1.29
Mar 31, 2022 1.28
Dec 31, 2021 1.25
Sep 30, 2021 1.21
Jun 30, 2021 1.21